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During Rishi Sunak’s general election announcement near No 10, a surprising song began blaring which caught the attention of viewers. The song, “Things Can Only Get Better” by D:Ream, was not a random choice but rather a deliberate selection with a historical significance. This song was the official anthem of Sir Tony Blair’s victory for
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Nvidia shares skyrocketed above $1,000 for the first time in after-hours trading following the chipmaker’s release of its fiscal first-quarter results, exceeding analyst expectations. This surge reflects a growing enthusiasm among investors for Nvidia’s performance and innovation. Nvidia’s quarterly earnings have increasingly become a litmus test for the AI market’s health, which has captured the
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The real estate market experienced a decline in home sales in April, contrary to the forecasted expectations of a slight increase. According to the National Association of Realtors, sales of previously owned homes fell by 1.9% to 4.14 million units on a seasonally adjusted annualized basis. This downturn can be attributed to various factors such
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Federal Reserve officials are facing uncertainty and confusion when it comes to the inflation picture in the United States. Julian Howard, lead investment director of multi-asset solutions at GAM, expressed his concerns, stating that Fed officials seem to have “no idea” about what is happening with inflation. Despite recent calls for patience in regards to
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The Consumer Financial Protection Bureau recently announced that customers in the booming buy now, pay later industry will now have the same federal protections as those using credit cards. This new “interpretive rule” under the Truth in Lending Act categorizes BNPL lenders in the same category as traditional credit card providers. This means that BNPL
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